Reference is made to the notification sent on 9 October 2013 regarding a new contemplated bond issue in Prosafe SE. Prosafe SE has successfully completed a NOK 700 million unsecured bond issue maturing in October 2018.
The bond carries an interest of 3-month NIBOR plus 2.95 per cent. Settlement date is expected to be 22 October 2013.
An application will be made for the bonds to be listed on the Oslo Stock Exchange. The proceeds will be used for refinancing and for general corporate purposes.
DNB Markets, Nordea Markets and Swedbank First Securities acted as Joint Lead Managers for the issuance.
Prosafe is the world's leading owner and operator of semi-submersible accommodation vessels. Operating profit reached USD 222.4 million in 2012 and net profit was USD 177.5 million. The company operates globally, employs 570 people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com
Larnaca, 9 October 2013
Georgina Georgiou, General Manager
Prosafe SE
For further information, please contact:
Cecilie Helland Ouff
Senior Manager
Finance and Investor Relations
Prosafe AS
Direct: +47 51 64 25 20
Mobile: +47 99 10 94 67
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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Source: Prosafe SE via Thomson Reuters ONE
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